The winter has proven to be a substantial source of home insurance leads for many agents, but it’s fair to say that much of the nation is glad to see the season fade into the background, as the month of February alone saw severe weather activity from coast to coast, according to a new report from Aon Benfield.
Though the jury is still out on the overall advantageousness of the Patient Protection and Affordable Care Act, the law that requires consumers to purchase coverage, one thing is certain: Insurance leads continue to help more people get the proper plans, many of whom heretofore were uninsured.
If it were up to the general public, most would extend the open enrollment period to a later date, giving agents more time to work with health leads.
When the Patient Protection and Affordable Care Act was signed into law in 2010, supporters of the legislation believed that it would likely result in more uninsured people buying coverage, thanks to it being more available. However, the resulting leads for insurance agents haven’t been among people who have never had a plan before, a new study suggests.
While leads for insurance may be coming on a more consistent basis given the Affordable Care Act’s requirements and health officials encouraging people to enroll, sign-ups are not occurring at a pace the government expected several months into the rollout period.
Insurance leads have led to million of people enrolling for health insurance through the state and federally facilitated exchanges. However, just because people have signed up doesn’t mean coverage has kicked in, as many people who’ve paid a visit to the doctor have learned.
In a bulletin released by the Centers for Medicare and Medicaid Services, health officials announced that insurers and consumers will not have to transition to the 2014 market rule changes until 2016 if they so choose.
Health officials in the Lone Star State are reminding agents whose insurance leads are from Texas that while they may be cognizant of the March 31 coverage deadline, their current or soon-to-be clients may not be.
As insurance leads continue to roll in with the March 31 deadline for obtaining coverage inches closer, President Barack Obama and his administration are pulling out all the stops to ensure that more people get the plans they need so the 7 million enrollment goal can be realized.
As the March 31 deadline moves closer, leads for insurance agents may become more abundant, as people who are uninsured or who want a different plan race to get the coverage they need without being charged a fee.